ON24, an audio and video network that distributes financial news and
corporate messaging, laid off 15 percent of its staff. Sixteen employees
were laid off in what the company said was a "business decision." Before the
layoffs, the company had 106 full-time employees. The company said it still
intends to grow in other areas including sales and business development.
CNET Networks, publisher of News.com, is a content partner with ON24.